1. The Plaintiff:

A. Defendant J shall pay for KRW 800,000,000 among the above amounts and KRW 300,000,000 from August 14, 2012, and KRW 800,000.

Basic Facts

The Plaintiff is a corporation established on June 29, 1998 for the purpose of casino business, tourist hotel business, etc. based on the Special Act on the Assistance to the Development of Abandoned Mine Areas (hereinafter “Abandoned Mine Area Act”).

In around 2012, the Defendants were the former officers of the Plaintiff; Defendant B was the representative director of the Plaintiff; Defendant C was the Plaintiff’s standing director; Defendant D and G were the Plaintiff’s non-standing director; Defendant E, F, H, I, and J were the Plaintiff’s outside directors.

On June 2, 1998, the coal industry rationalization business entity, Gangwon-do Development Corporation, Sink-si, Taek-si, Samk-si and Young-gun (hereinafter “Joint Venture Investment Party”) entered into a joint venture investment agreement (hereinafter “Joint Venture Investment Agreement”) with a view to establishing the Plaintiff and acquiring the Plaintiff’s equity shares.

The main contents of a joint venture agreement are as follows:

Article 1 (Purpose) (1) Parties shall establish a stock company under the Commercial Act to carry on the K business.

2. The parties shall jointly invest the capital necessary for a company to operate the K Project in accordance with the provisions of this Agreement.

Article 5 (Articles of Incorporation) The Company shall adopt the same articles of incorporation as attached Form 1.

In the event of any inconsistency between this contract and the articles of incorporation, this contract shall take precedence, and the Parties shall cooperate in amending the articles of incorporation so as to be consistent with this contract.

Article 6 (Payment of Capital) (1) The authorized capital at the time of incorporation shall be the first 19,440,000 shares of registered ordinary shares (19,40,000 shares) and the second 1,000,000 won of gold (194,40,000,000 shares). The paid-in capital at the time of incorporation shall be the first 4,860,000 shares of registered ordinary shares (4,860,000 shares), and the second 1,000,000 won of gold (48,60,000 shares), respectively.

(3) The number of shares underwritten by each party, the payment price, and the ratio of shares of each party after the investment in the private sector shall be as follows:

, however, the private sector.